Announcement: Virtue $31.25M Fund I is Official! π
Virtue is a purpose-built earliest stage digital health venture capital firm
π¨ BIG NEWS: today we officially announce the launch of our debut $31.25M fund!
Over the last few years it has been made abundantly clear that digital health founders benefit immensely from partnering with experienced digital health investors, especially during their earliest, most formative company stage. And, while the venture market may be flush with capital, capital on its own cannot solve for the unique risk profiles, regulatory considerations, team building, commercial / GTM strategies, etc., that pre-seed & seed digital health founders are faced with.
Having an earliest stage investment partner purpose-built to support these digital health founders is long overdue. We heard you and have built accordingly.
Health systems and insurance companies are investing in first-time funds like the newly minted firm Virtue to capitalize on the digital health boom
As covered in Business Insider this morning, weβre excited to finally announce our launch. In less than 5 months we raised >150% of our target. Suffice to say there is strong demand for early stage digital health startups. We are fortunate to have the support from a fantastic roster of institutional LPs which include CareFirst BCBS, Tampa General Hospital (TGH), and Cendana, amongst others, as well as many premier healthcare and tech founders, investors, and industry executives responsible for building and scaling the biggest, fastest growing companies in our industry. We are here to help you.
If you are a pre-seed or seed healthcare founder then we want to talk with you β easiest to reach me at sd@virtuevc.com.
Ok, time to get back to work!
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